The Korea International
Trade Association (Chairman, Kim Young-joo) held ‘The 19th
Korea-Japan New Industry Trade Conference' on March 29, in cooperation with the
Korea-Japan Economic Association and the Japan-Korea Economic Association, at
the Okura Hotel in Tokyo with 90 business people from the both countries.

This conference took place
in advance of the Korea-Japan Business Conference to be held in May. The
participants agreed to build the future-oriented Korea-Japan relations under
the slogan of ‘to celebrate the 50th Korea-Japan Business Conference together
and create the next 50 years through economic, talent and cultural exchanges’.

The Korean side proposed the
expansion measures for the Korea-Japan economic cooperation through the
investment case of Toray Advanced Materials and ‘The Korea-Japan dream of 21st
Century’, which includes energy, environment, aging and the cooperation for the
4th Industrial Revolution. The Japanese side suggested expanding the economic
tie-up with third countries, Korean young people’s internship for Japan-based
businesses, and cooperation for Tokyo Olympic Games and Korea-Japan Festival as
the fields for the bilateral cooperation.

Chairman of Korean side Ahn
Jong-won said, “We intensively discussed about the
Korea-Japan economic cooperation measures for the next 50 years for the next
generation. The proposed measures are expected to be placed as agenda at the
50th annual meeting of the Korea-Japan Business Conference to be held in Japan
from May 15 to 16 and will be adopted as a joint statement."

The New Industry Trade
Conference is a specialized committee under the Korea-Japan Business Conference
held in May every year. During the meeting, a variety of issues of both
countries are discussed.？